Question

Here are the rules: There will be a total of 10 participants. You and the 9...

Here are the rules: There will be a total of 10 participants. You and the 9 other competitors will each receive one million dollars and one staff person. Over the next year you will be given the opportunity to use these two resources to grow your initial one million dollar investment. At the end of one year, the participant who has the most money in the bank will get to keep all of the money including the initial investment. The other nine participants will have to return any money/assets they have left from the competition.

How will you spend the next year?

Homework Answers

Answer #1

I will be planning to start a business based on the resources provided to me and I have been involved previously in restaurant business I believe that I would be successful in the process and the individual provided to me needs to assist me in the business process as well. Initially we will rent a place in a prime location for business and that will include areas close to office or areas close to colleges that will be helping the business' cause and we will together plan as such that we grow in this particular business working hard to make this plan a success with the money we have. The objective will be to increase the return on the investment made and win the competition.

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